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Yen steadies after intervention, dollar near 6-week low on Mideast hopes
HONG KONG, Aug 5 : Currency markets paused for breath on Wednesday as pressure on the Japanese yen eased following recent bouts of intervention and a forceful show of U.S. support, while the dollar held near six-week lows on fresh optimism over the Middle East.The yen was slightly firmer at 157.61 per U.S. do
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economictimes.indiatimes.com
Yen leaps after intervention, leaving the dollar bruised
The yen surged significantly after authorities intervened in foreign exchange markets. This intervention followed a substantial yen-buying operation by Japan last week. Other…
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fortune.com
Yen rises amid speculation of more intervention after U.S. support | Fortune
The Japanese currency swung from a small decline to gain as much as 1.4% versus the dollar during morning trading in Tokyo.
